In keeping with the Indian Government’s reform agenda, on 8 November Prime Minister Modi announced the immediate withdrawal of Rs. 500 & Rs. 1000 notes, in a move to reduce black money in the system, curb funding of illegal activities and address the problem of counterfeit notes. The decision to withdraw these two denominations –…
Summary – India is starting to represent the new breed of high-growth emerging market, as Indian GDP grew by 7.5% in 2015, outpacing Chinese GDP growth (6.0%) for the first time. – While China has spent the past several years developing infrastructure and reaping the economic growth benefits of an emerging middle class, it is…
Twitter looks like an undervalued growth play, especially after Microsoft’s acquisition of LinkedIn. Summary – Twitter is currently trading at $16.34, down 26% after my recommendation in Jan 2016. However my fundamental thesis from Jan 2016 remains intact. – While user growth has been stagnant, resulting in the decline of the stock, the company continues…
Why I’m staying long GBP/EUR into the EU referendum With the Brexit vote only a few days away, I’ve been hedging my equity positions. The only big directional position I’m planning to hold is GBP/EUR where I feel that there is upside to take advantage of whether or not Brexit happens. Please note that…
I’m a typical London professional. I have a small portfolio in stocks, mutual funds and start-ups, not unlike many other London professionals. After launching my own fintech start-up, CityFALCON, I’ve had less cash on hand to invest in any assets. Despite this, every year I invest in a few start-ups. I don’t do this through…
FinTech is the new buzzword in London, and for good reason – we’re beginning to see how technology will be leveraged in financial services. FinTech is already showing us how to improve financial products and the user experience, but it’s also creating a level playing field between retail investors and the rich institutions. So far,…
Spoiler Alert – Read this article after watching the movie. It’s reasonable to wonder what a movie about the housing crisis and ensuing financial meltdown could teach regular people in the market about investing. But within The Big Short there are nuggets of wisdom that pertain to value investing. There’s also Margot Robbie in a…
Summary – Twitter still provides unique offerings over other social networks. – While the MAU and revenue growth have been declining, 300m+ MAUs is already a strong base, and 30-40% revenue growth is respectable. Twitter has declined 40% over the last year and 70% over the last two years. This sell-off seems unwarranted. – I…
Disclosure: The author is long Yandex Summary Due to the crisis in the Ukraine and subsequent devaluation of the Russian Rouble, Yandex is quoting at $18; less than half of its all time-high of $44 in 2014. The company’s position in Russia remains strong with a 59% share of the Russian search market in Q1…
